This post was on PLAS board:
To: +JFO (109 )
From: +Louis
Tuesday, May 12 1998 10:28AM ET
Reply # of 112
JFO, my understanding of the military contract is that Startech has no plasma unit, they
will manufacture one for military demonstrational testing. That is why I can not find test
results for any Startech plasma unit.
The contract makes no mention of dates, when the demonstration is to begin or end or any
dollar amounts.
I would be a little cautious.
Thank you
Louis
This was the response to post.
Louis:
This press release talks about test results STHK presented to US Army.
dljdirect.com.
This press release also talks about alliance they are establishing with US Army.
dljdirect.com.
This quote is part of news release
In addition to Startech, the Demil team in this contract is comprised of
two preeminent international companies with specific experience suited to this
special program: Burns and Roe, and Foster Miller (both private companies).
Burns and Roe, of Oradell, N.J., is the only company in the country to
have actually designed, built, operated and decommissioned an Army chemical
weapons plant. The plant, in Arkansas, produced a chemical warfare weapon
called BZ, an extremely nasty hallucinogen. Also, B&R is now designing the
Tritium Production Plant for the U.S. government.
Here's the complete news release.
dljdirect.com.
I spoke with Joe Longo today (1-203-762-2499). He related that the contract with the US
Army mentioned in this news release.
dljdirect.com.
joe Longo related that STHK is anticipating results in summer or fall pursuant to contract
with US Army. They are receiving funding from the US Army for this contract. He
wouldn't elaborate on amount. With the Phase One Contract with the US Army (news
release included in this post)the initial amount released to STHK was $50,000.00. This
was told to me by Joe Longo.
In the several times I've spoken with Joe Longo he's always been close to the vest in his
release of information.
From what I've read the US Army requires each unit built to be decommissioned after
completing task at each storage base.
I agree with you about being cautious. Any stock that I hold being cautious is paramount.
To date all that STHK has previously stated has been accurate. If in the future I find them
to be less than truthful I'm out of here.
JFO |
